Living in Ranier, Minnesota
Cost of living, income, home prices, rent and demographics of Ranier · Census data 2020–2024
Ranier has 509 residents with a median age of 50.8. The median household income is $87,375 (about the same as the Minnesota median), the median home value is $178,300.
Ranier is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Ranier at a glance
- Population
- 509
- Median age
- 50.8State: 38.8
- Median household income
- $87,375State: $89,062
- Median home value
- $178,300State: $329,300
- Homeowners
- 91.2%
- Bachelor's degree or higher
- 30.9%
- Average commute
- 11 min
Is Ranier a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 11 minutes; unemployment of 2.1%; a poverty rate of 5.5%.
Cons: Median household income about the same as the Minnesota median.
The weather is best in June to September.
Cost of living in Ranier
Housing is the biggest part of the cost of living. In Ranier the median home value is $178,300, 46% lower than the U.S. median. Renters pay a median of — per month, which is 28.1% of household income. Homeowners with a mortgage pay $1,281 a month in housing costs.
Ranier median household income
The median household income in Ranier is $87,375 and the income per person is $44,689. 5.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Ranier: homes for sale and rent
- Housing units
- 256
- Owner-occupied
- 91.2%
- Renter-occupied
- 8.8%
- Vacant
- 11.7%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.16
Ranier demographics
- Population
- 509
- Median age
- 50.8
- Under 18
- 18.5%
- 65 and older
- 24.6%
- Households
- 226
- Foreign-born
- 3.3%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Ranier ›
Education in Ranier
30.9% of adults 25 and older in Ranier have a bachelor's degree or higher (Minnesota: 39.4%), and 9% have a graduate or professional degree.
Jobs and commute in Ranier
- Unemployment rate
- 2.1%State: 4.1%
- Average commute
- 11 minState: 23 min
- Work from home
- 18.4%
- Drive alone
- 69.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 83.6%
Ranier vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ranier | 509 | $87,375 | $178,300 | — |
| International Falls | 5,642 | $57,662 | $120,400 | $645 |
| Littlefork | 636 | $64,130 | $150,800 | $519 |
| Big Falls | 136 | $29,063 | $67,500 | $566 |
| Nett Lake | 171 | $38,750 | $80,000 | $832 |
| Orr | 368 | $97,716 | $93,500 | $700 |
More for people moving to Ranier
Ranier ZIP code ›Weather and climate ›Living in Ranier: FAQ
What is the median household income in Ranier, MN?
The median household income in Ranier is $87,375, about the same as the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Ranier?
The median home value in Ranier is $178,300, compared with $329,300 in Minnesota.
Is Ranier, MN a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 11 minutes; unemployment of 2.1%; a poverty rate of 5.5%. Minuses: median household income about the same as the Minnesota median.
What is the median age in Ranier?
The median age in Ranier is 50.8 years (Minnesota: 38.8).
How long is the commute in Ranier?
The average commute to work in Ranier is 11 minutes; 18.4% of workers work from home.
What is the unemployment rate in Ranier?
The unemployment rate in Ranier is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ranier?
30.9% of adults in Ranier have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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